orders for other parts are set to be reduced in the first quarter. >>> vice president joe biden will deliver recommendations on reducing gun violence to the president tomorrow. he says several proposals have been brought forward including panning high capacity ammunition magazines and deeper background checks. >>> and the debt ceiling debate is heating up, as well, with the obama administration insisting it won't negotiate with republicans on raising the ceiling. the white house says congress can either pay its bills or it can put the nation into default. reports suggest the government can run out of action to pay those bills as early as mid february. >>> and the creators of south park are setting up their own production studio. they've secured $2 million to set up a company called important stud wrote. the new studio will incorporate revenue from south park and the hit broadway play "the book of mormons." >>> and the ftse 100 closed up with a fresh 4 1/2 low on friday. we had a pupil by another market. but today, the xetra dax, cac 40 and the ibex, as well. shaking off that producti